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Commercial Space in Virginia Beach
For Lease
$16 SF/Yr

348 Southport Circle, Virginia Beach, VA 23452

Modern commercial space for lease in a prime location.

Space Size2,640 SF
Property Size6,602 SF
Days on Market178

Property Features for 348 Southport Circle

General Information

Standard status Active
Size 2,640 SF
Class B
Property subtype Office
Lease Term MG

Building Details

Building Size 6,602 SF

Spaces For Lease

at 348 Southport Circle Contact us

Suite 102 $16/SF/Yr

Size
2,640 SF
Type
Office Building
Term
Negotiable
Contact us
Listing Agency: The Katsias Company
Listed By: Haven Spirelis
Source: Katsias
Added: Mar 5 Changed: Aug 8 Last Checked: Aug 29 at 7:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Katsias Company

Investment Insights

Based on property information with market context.

Located at 348 Southport Circle in Virginia Beach, VA, this commercial space is available for lease. The property is a Class B office space. The property offers high visibility and easy accessibility. The space features spacious interiors, ample natural light, and versatile floor plans. It is suitable for retail, office, or service tenants. Ample parking is available for both employees and customers. Convenient transport links are also accessible. The building is well-maintained and professionally managed.

Key Highlights

  • Prime location in Virginia Beach with high visibility and easy accessibility
  • Spacious interiors with ample natural light and versatile floor plans suitable for retail, office, or service tenants
  • Ample parking for employees and customers

Property Analytics

Current Use

Acorn Health Crisis Center Practical Dental Staffing ... Employment Agency Babysitting & Child Care ... High School Practical Dental Assisting ... Dental Office The Composite Guys Construction Company

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Pharmacy Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,254
Businesses Nearby

Demographics for 23452, VA

59,076
Population
23,455
Households
2.5
Avg Household Size
37
Median Age
35%
College-Educated
95%
High-School Grad
15.1 sq mi
ZIP Area
3,912
Density / Sq Mi
$77,327
Median Household Income
$44,009
Median Earnings
$1,571
Median Rent
$324,000
Median Home Value

Market

Lease Benchmarks for Virginia Beach, VA

$26.74 /SF/Yr
Avg Asking Price
$4.28–$195 /SF/Yr
Price Range
5,334 SF
Avg Space Size

This space is priced 40% below the average of $26.74 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Modern commercial space for lease in a prime location.
Where is this office units located?
The property is located at 348 Southport Circle Virginia Beach, VA.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Prime location in Virginia Beach with high visibility and easy accessibility; Spacious interiors with ample natural light and versatile floor plans suitable for retail, office, or service tenants; Ample parking for employees and customers
More about this property
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